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How government spending hurts you

Jim Babka President DownsizeDC.org

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You may copy or borrow from the following letter . . .

I demand that you oppose President Obama's $3.83 trillion budget with its $1.56 trillion deficit. http://abcnews.go.com/Business/wireStory?id=9715793

* the deficit alone will be larger than individual and corporate income taxes combined http://www.usgovernmentrevenue.com/classic.html#usgs30210

* the cost of the federal government will be over $36,000 per family

* of which $17,000 will be new debt http://www.washingtonwatch.com/blog/2010/02/01/washingtonwatch-com-digest-february-1-2010/

The cost of the federal government is vastly greater than the benefits it provides. And the American people don't want such a bloated budget. According to a January 29 Rasmussen Report . . . http://tinyurl.com/yb7v9tp

**53% of likely voters now believe that decreasing the level of government spending will help the U.S. economy**

They're right! A report by the Heritage Foundation shows that . . . http://www.heritage.org/research/budget/bg1831.cfm

* numerous studies indicate that growth in government spending harms the economy and increases unemployment

* nations such as Ireland, New Zealand, and Slovakia experienced tremendous growth once they slashed the size of government

This is because government spending is less efficient and often destructive . . .

* government spending is less efficient because it allocates resources based on politics, not on market price signals

* if the spending is funded by taxes, private consumption and saving is reduced

* if the spending is funded by borrowing, there is less capital for private investment

* borrowing could also lead to monetary inflation, resulting in price inflation

* government programs distort personal incentives in many areas, such as retirement savings and healthcare

Follow the will of the American people. We understand that Big Government is harmful. Make it your priority to work on cutting the size of government and reforming our entitlement programs. The proposed spending freeze isn't enough, and is clearly fraudulent given the fact that federal spending will continue to soar. Give us real spending cuts, not con jobs.

If you take the lead on this issue, you will be rewarded, but if you don't, you may be fired from your position.

END LETTER

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Jim Babka

President

DownsizeDC.org

D o w n s i z e r - D i s p a t c h

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----- Original Message -----
From: Downsizer Dispatch
To: bellringer@fourwinds10.com
Sent: Wednesday, February 03, 2010 9:49 AM
Subject: How government spending hurts you